Investors were provided with further insight into the Federal Reserve's decision to change the forward guidance language and indicate a patient approach to raising interest rates in the minutes of the central bank's January monetary policy meeting. more...
The sheer nuttiness of a U.S. leader savaging his hand-picked Fed chairman is sure to unnerve markets as 2019 approaches. more...
The Federal Reserve has decided to raise interest rates by 0.25%. Here's what the move means for your student loans, mortgages, credit cards, and all other facets of your wallet. Bankrate’s McBride noted that adjustable-rate mortgages only adjust once per year — so it’s not as if you will see your payments fluctuating on a monthly basis. However, this means that “the Fed could raise rates two or three times becore your rate adjusts. Then ...
Ben Bernanke waited for certainty before making changes to monetary policy. Under Bernanke, the Fed took far longer than expected to taper its third round of bond buying. Yellen and members of the FOMC, although they would surely send markets scrambling, might not be entirely crazy to ask for more time before raising rates. Two justifications for raising rates are steady jobs gains over the course of 2015, which have brought the unemployment ...
Trading the News: U.S. Consumer Price Index (CPI) A rebound in the headline U.S. Consumer Price Index (CPI) may boost the appeal of the greenback and spur a near-term pullback in EUR/USD as it puts increased pressure on the Fed to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Signs of stronger price growth may keep the Fed on course to raise ...
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